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    16729 Palisades Blvd Fountain Hills, AZ 85268

    Sponsored
    For Sale
    $898,700

    Prime Fountain Hills Restaurant, High NOI

    Property size:
    4,180 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a thriving 4,180 square foot restaurant located at 16729 E Palisades Blvd, Fountain Hills, Arizona, 85268. The property, built in 2012, boasts a strong 5.16% cap rate and a substantial net operating income (NOI) of $46,378.76, reflecting a 100% occupancy rate. The single-story building sits on a 6,000 square foot lot and is zoned C-C, allowing for continued restaurant operations or potential redevelopment within the permitted zoning. The property features attractive architectural details including high ceilings and large windows, creating a bright and inviting atmosphere. An open floor plan provides flexibility for various restaurant configurations. Ample parking is available, with 8.37 spaces per 1,000 square feet, ensuring convenient access for patrons. This owner/user investment opportunity is situated in a prime location within the heart of Fountain Hills, offering excellent visibility and accessibility. The property's strong financial performance, desirable location, and versatile layout make it an ideal acquisition for both seasoned investors and owner-operators seeking a profitable and established business. The property's APN is 176-05-179. This is a modified lease, multi-tenancy property classified as Class C retail.

    Property Features for 16729 Palisades Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    4,180 SF
    Class
    C

    Building Details

    Year Built
    2012
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fountain Hills
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7193123
    Latitude
    33.6080862

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    FAQs

    What type of property is this?
    Restaurant - Prime Fountain Hills Restaurant, High NOI
    Where is this restaurant located?
    The property is located at 16729 Palisades Blvd Fountain Hills, AZ.
    What is the asking price?
    The asking price for this property is $898,700.
    Request Owner's contact information
    16729 Palisades Blvd Fountain Hills, AZ 85268
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    Fountain Hills, AZ 85268
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16729 Palisades Blvd Fountain Hills, AZ 85268
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